Tokyo Gas sells U.S. gas unit to Grayrock Energy for $255 MM
11/19/2025
Tokyo Gas, Japan's largest city gas supplier, said it sold its U.S.-based subsidiary, TVL LLC, involved in gas development and production to Grayrock Energy for $255 million.
The unit, operating in Louisiana's Haynesville and Cotton Valley formations, was sold as part of Tokyo Gas's strategy to optimize its asset portfolio, it said in a statement.
Related News
Related News
Sign up to Receive Our Newsletter
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- KBR awarded FEED for Coastal Bend LNG project
Comments